Following this Philosophy, many Bogleheads now enjoy a substantial net-worth. Nevertheless, the way we spend our money can make a huge difference in our happiness and future wealth. This article from Physician On Fire offers food-for-thought: Stealth Wealth I look forward to reading about your pers...

With 75% of my portfolio in bonds (retired; 75 yrs old), I hope he is wrong. Do others out there know if this man has a good track record when it comes to forecasting the bond market? I will stay the course.

I believe that the bond market is very efficient at pricing risk, more so than the equity market. Whenever any bond asset or bond substitute yields more than high quality bonds it is overwhelmingly likely that more risk comes with it in exact proportion to its increased yield, risk being defined as...

FWIW: bonds are 75% of my portfolio (retired and 75 years old), and I have limited non-taxable space. The allocation I have selected for bonds is 1/3 Vanguard Total Bond, 1/3 Vanguard intermediate-term investment grade and 1/3 Vanguard intermediate-term tax-exempt. This seems to me like a pretty goo...

Thanks for posting the link. I very much enjoyed reading this article. I found Vanguard very early in my investing life, and I have been 100% Vanguard for many years. As for the problems mentioned in this thread as well as many others I've read previously in this forum, I just have not experienced a...

I think the RMD distributes based on 1/life expectancy. So, if you had a $500,000 portfolio and you were 75 years old with a life expectancy of say 15 years, the withdrawal/payout would be $33,333. The next year it would be whatever was in the portfolio X 1/14 and so on. I guess if you live 20 year...

I think the RMD distributes based on 1/life expectancy. So, if you had a $500,000 portfolio and you were 75 years old with a life expectancy of say 15 years, the withdrawal/payout would be $33,333. The next year it would be whatever was in the portfolio X 1/14 and so on. I guess if you live 20 years...

This is a bit off topic (sorry) but I'm retired and I prefer a total return approach rather than an income focused approach. Income producing assets are currently richly priced due to their popularity and hence produce paltry levels of income relative to historical standards. REITS produced 9%+ yie...

Apparently as a consequence of Trump becoming POTUS elect, municipal bonds are getting slammed much worse than corporate bonds and somewhat worse than treasuries. The main factors are reported to be: anticipated lowering of tax brackets, anticipated increase in inflation and an anticipated increase...

The biggest risk to bonds in my view is not the Fed's expected snail-like pace of minuscule (0.25%) rises in interest rates. That is a tempest in a teapot. Bonds will in time recover nicely from that. The Fed can exert some control on short term rates, but has much less control on long term rates w...

More people have lost money chasing for yield then at the point of a gun ~ John Bogle Stay the course with the tried and true plain vanilla total stock market and total bond market index fund Does choosing Intermediate Term Investment Grade, SEC yield = 2.25%, over Total Bond, SEC yield = 1.93%, co...

And what did it do prior to 08 and subsequent to 08?? How many down years since inception? That fund traded at $8.78 on 10/20/1980 and at $5.90 on 10/3/2016. The quarterly dividend was about $.095/month at the beginning and is about $.026 today. Applying approximately 180% inflation over that time ...

One of two responders have mentioned Vanguard's High Yield Corporate (VWEHX) as a possible way to get income yield without too much risk. The SEC yield is an attractive (by today's standards) 4.80%. The Vanguard Risk Potential is a moderate 3 rating (the same, for example, as the popular Wellesley F...

It sounds like you're thinking about "income investing" rather than "total return" investing. I think more people on Bogleheads subscribe to "Total Return", in which you don't focus on dividends/interest, because it's a distraction from what really matters: overall portfolio performance and the sus...

Not looking for income. I think more about the appreciation of my portfolio. If you are retired, don't you need some income to live on? I understand you can sell appreciated securities to generate income, but what do you do in a sustained down market? Do you sell assets from your depreciating portf...

No free lunches - you are taking some credit and duration risk - but I do like the iShares LQD ETF. It's an investment grade corporate bond fund (so fits your need for no crazy risk) and it's a bit longer in term than many intermediate funds (it's closer to 10 years than 5). But, SEC Yield is 2.98%...

With interest rates on bonds and CDs so low, have any of you retirees out there found any decent investments for income? By decent, I mean something with more than a 3% or so interest/dividend return without being exposed to "crazy" default or interest rate risk?

My will leaves money to each of my adult children in the form of a trust. I'm considering just leaving the money outright mainly because I don't understand the mechanics of how trusts are established and administered. Will it be a chore for them to establish a trust? How is that done? Are trusts dif...

I'm in the same situation with >50X annual expenses in liquid funds. However, I have chosen to be 20% in stock, 75% in bonds (all intermediate term; a mix of munis, treasuries and corporate) and 5% in cash. Even with that mix, I'm not sure I am doing much better than keeping up with inflation. To ea...

I have been wrestling with this issue for a few years, since I had a new will drawn up. My estate attorney works for a very large well-known firm and only does this type of work. According to her.......and I asked the question over and over.......trust assets are protected against creditors and spou...

Take the macro view. Stocks (and similar) are always riskier than bonds (and similar), although the exact degree of risk with each will change from time-to-time. Besides, what alternative would you propose?

Once a year in the second week or so of January. I use the money that has accumulated in my tax-free MM account over the year. All earnings and dividends from all investments go into the MM account rather than being reinvested.